XRP Price Analysis for December 16
WikiBit 2025-12-16 22:13
The crypto market is going down as most of the coins are in the red zone, according to CoinMarketCap.Top coins by CoinMarketCapXRP/USDThe price of XRP has
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XRP Price Analysis for December 16
The crypto market is going down as most of the coins are in the red zone, according to CoinMarketCap.
Top coins by CoinMarketCapXRP/USD
The price of XRP has declined by 4.35% over the last 24 hours.
Image by TradingView
On the hourly chart, the rate of XRP is going up after a breakout of the local resistance of $1.8975. If buyers can hold the gained initiative, the upward move may lead to a test of the $1.95 area shortly.
Image by TradingView
On the longer time frame, there are no reversal signals yet as the price of XRP keeps trading near the support of $1.8209.
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If a bounce back does not happen soon, traders may expect a further correction to the $1.80 range. Such a scenario is relevant until the end of the week.
Image by TradingView
From the midterm point of view, the situation is similar. If a breakout of the nearest support of $1.8209 happens, the accumulated energy might be enough for a an ongoing decline to the $1.30-$1.60 area.
XRP is trading at $1.9164 at press time.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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